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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: SBerglowe who wrote (5529)	12/16/1999 5:37:00 PM
From: Vendit™	Respond to of 19374

IATV had 3 indicators flash short term sell signals yesterday. It tested first lower support at $32 today which held and I believe to be strong enough to hold it tomorrow. $30 is next support. The candle formed today is often seen at the bottom of a short term down trend. askresearch.com UNFY's signals look neutral but I think a test of the 10 ema is probable for tomorrow. This is about $62 1/2. The stock likes to bounce off the 10 ema so it looks good above that line. askresearch.com At the risk of sounding like a broken record about the same can be said for OMKT as well. You basically have three very strong uptrending stocks that like to bounce off their 10 day estimated average. askresearch.com A couple of things to consider IMO. Tomorrow is options expiration and is why these stocks as well as other high flyers have weakened the last several days. A renewed Christmas rally is likely late tomorrow or Monday morning as a general rule. The next thing I think is important is that the fund managers tend to lock down profits the week between Christmas and New years causing a correction in the indexes. I don't think this year will be any different. The press will have a field day blaming it on a y2k sell off. All IMO Reid